Sunday 7 August 2011

Credit Markets Safest Since 2008 as Derivatives Migrate to Clearinghouses

http://www.bloomberg.com/news/2011-08-04/credit-markets-safest-since-2008-as-derivatives-migrate-to-clearinghouses.html

Credit markets, which inflicted more than $2 trillion of losses and writedowns on the world’s biggest financial institutions from 2007 through 2009, are now seen as the safest since before the financial crisis.

SAMEER SAYS

NO WAY !!!!
CREDIT WILL COLLAPSE AND SHRINK LIKE IT DID IN 2008.
WE ARE ABOUT TO WITNESS 2008 * 2X IN THE COMING YEARS.

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